Why Creekside?

Creekside represents a significant private investment in Homewood’s future. This public-private partnership will deliver essential community benefits, including strengthening education, creating safe public spaces and amenities, promoting environmental stewardship for the next generation and building a stronger financial future for Homewood and its schools.

Creekside anchors the broader vision of Samford Horizons, which will bring nearly $1 billion of private investment and new jobs to Homewood – unlocking valuable land that will generate over $650 million in new tax revenues for the city of Homewood and Homewood City Schools.

Pillar 1: Educational Excellence at All Levels

Benefits:

Education is fundamental to the well-being of any community. Homewood is proud to have Alabama’s top-ranked K-12 school district and one of America’s leading Christian universities. However, a recent LongRange Facilities Plan from Homewood City Schools identifies a substantial need for funding for capital improvements to maintain its existing K-12 schools and build new schools.
This raises an important question: How will Homewood fund these improvements?
The most promising solution is Creekside, which has the potential to generate new tax revenues to fund a significant portion of these investments in schools over time.

Outcomes:

Homewood City Schools
» Construction and improvement of school facilities
» Achieving smaller class sizes
» Supporting competitive salaries for teachers and staff
» Maintaining high student achievement levels

Samford University
» Strengthening the on-campus residential lifestyle which is vital to Samford remaining competitive in higher education
» Providing walkable retail and dining amenities in a community-oriented environment
» Developing hospitality facilities that enrich the university’s culture

Pillar 1 FAQs

Pillar 2: Building Community Assets

Benefits:

Civic assets and infrastructure are the cornerstones of thriving cities. Creekside will privately develop and finance essential community assets and amenities that enhance daily life in Homewood and are proven to foster strong neighborhoods and enhance property values.

Outcomes:

» Lifestyle retail, dining and entertainment amenities in a village setting and scale that feels like Homewood
» New and improved recreational facilities
» A pedestrian bridge over Lakeshore Drive
» Community-centered gathering spaces

Pillar 2 FAQs

Pillar 3: Environmental Stewardship

Benefits:

Homewood is fortunate to have Shades Creek flowing through the heart of its community. Creekside aims to set a new standard in land planning and development that respects and protects Shades Creek and prioritizes environmental stewardship.

Outcomes:

» Protecting habitats for the cherished Spotted Salamander
» Implementing best practices for improved water quality and stormwater management
» Creating a gateway for improved public access, awareness and education about Shades Creek

Pillar 3 FAQs

Pillar 4: Stronger Financial Future

Benefits:

Cities are increasingly facing budgetary challenges and the need for new tax revenue to enhance schools, infrastructure, parks and recreation, and municipal services. Creekside serves as an anchor to the nearly $1 billion vision for Samford Horizons, leveraging private investment to unlock new streams of tax revenues with zero risk to the City.

Outcomes:

» $402 Million in New City Tax Revenues
» $255 Million in New Homewood City School Tax Revenues

Pillar 4 FAQs